Global cues were weak on Friday. Asian peers were trading with losses, mirroring the moves made by their North American counterparts.
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Sensex and Nifty began trading in the red for the second day straight. S&P BSE Sensex opened at 43,298 and moved lower just after the opening bell. The NSE Nifty 50 was below the 12,650 mark. Financials were again bleeding and taking the index lower with itself. IndusInd Bank was the top drag, falling over 2%. Among the gainers were Titan, Sun Pharma, Reliance Industries, HUL, and Asian Paints. Global cues were weak on Friday. Asian peers were trading with losses, mirroring the moves made by their North American counterparts.
The central government has unveiled another set of stimulus measures just ahead of Diwali. Finance Minister Nirmala Sitharaman on Thursday announced a set of measures that aim at aiding job creation, helping stressed sectors and bringing much needed relief to the covid-hit Indian economy. The Finance Minister highlighted that so far all the measures announced by the government and the Reserve Bank of India amount to Rs 29.8 lakh crore which amounts to 15% of the GDP.